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Kamarajar Port Receives In-Principle Nod for IPO; Listing Process to Take About a Year - India Seatrade News
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Kamarajar Port Receives In-Principle Nod for IPO; Listing Process to Take About a Year - India Seatrade News
The Ministry of Ports, Shipping and Waterways has granted “in-principle” approval for the proposed listing of state-run Kamarajar Port Ltd through an Initial Public Offering (IPO), marking a significant step toward unlocking value in one of India’s key maritime assets. The approval, conveyed last week to Kamarajar Port Ltd, sets the stage for India’s only major port structured as a company to enter the capital markets. Kamarajar Port is a wholly…
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